Buy property in Türkiye online!
One of the biggest common mistakes when buying property in Türkiye is purchasing remotely or online. While it may seem like a time and cost-saving option, it can come with risks that are not easily identifiable through images or videos.
For example, while a property may look beautiful and reliable in pictures, in reality, there might be issues such as excessive noise, unpleasant odors, or unnoticed structural defects.
People who have resorted to buying property in Türkiye through this method may regret their purchase after visiting the property for handover. For example, they might find that the surroundings of the property are not as expected, or the building’s condition requires significant repairs. In such cases, withdrawing from the deal or bearing additional costs for repairs can be frustrating.
Therefore, individuals who decide to purchase property in Turkey remotely and online should carefully review the property details to avoid making mistakes. It is recommended to take advantage of services such as consulting with an expert or conducting an in-person visit before making a final decision to minimize various risks.
Don’t buy property in Türkiye without knowing the region!
Buying an apartment in Istanbul requires a thorough understanding of the area and location. Istanbul has two main regions: the Asian and European sides, and each has its own advantages and disadvantages. Therefore, this decision should be made based on your goals and preferences. To learn more about Istanbul’s regions, click here.
For a successful property purchase, it is crucial to familiarize yourself with the area where you intend to buy and review all its aspects. The value of the property in the chosen location is one of the key factors to consider. Additionally, you can benefit from the experiences of friends and acquaintances who have bought property in that area and consult reliable real estate advisors. However, it’s best not to take anyone’s word as the final criterion for making a purchase decision and conduct your own research.
By following these important tips, purchasing a home in Turkey will become easier for you. They will help you avoid common mistakes in the home buying process and ensure a more secure and confident buying experience.
To better understand the districts of Istanbul and find the best areas for buying a home, you can refer to the article prepared by the 4kgroup team.
When buying a house in Türkiye, be sure to pay from your own account!
Before buying a house in Istanbul, make sure to open a bank account. This step is essential because the transaction amount must be transferred from your account to the seller’s account.
This is very important, as the deposit receipts are considered necessary documents for residency or citizenship in Turkey, and they must be in your name. It is advisable to transfer the transaction amount directly from your account to the seller’s account.
This ensures that the property deed will be registered in your name. When you apply for residency or citizenship, one of the essential documents is the payment receipt, showing the transfer of the property amount from your account to the seller’s account. Simply put, the bank receipt must be from your own account.
The importance of knowing the Turkish language in the process of buying property in Türkiye
In the property purchase process in Turkey, signing contracts and handling administrative tasks are done in Turkish. Therefore, finding a reliable real estate consultant and legal lawyer in Turkey is essential. Being fluent in Turkish is a critical point for those who intend to buy property in the country.
If someone is not fluent in Turkish, it may lead to many challenges. To avoid mistakes when purchasing property in Turkey, it is crucial to work with experienced real estate consultants and a specialized Turkish legal lawyer.
4kgroup Holding, with extensive experience in property buying and selling as well as obtaining Turkish citizenship, is ready to provide services to you, along with official legal lawyers, throughout the property purchasing process.
It is forbidden to buy real estate in Türkiye without an expertise report!
One of the crucial steps in the property buying process in Turkey is conducting an expert appraisal and property inspection. This report determines the true value of the property based on professional criteria.
The amount stated in the expert appraisal report is considered the actual value of the property and is recorded in the property’s deed. Therefore, never proceed with registering the property without conducting the expert appraisal.
Buy in Türkiye from reliable and branded manufacturers!
Buying a house in Turkey comes with many risks, making it essential to choose reputable builders. Recently, with the increase in construction, identifying well-known and reliable builders may be challenging. However, with the help of a trusted and experienced real estate consultant, you can make more confident decisions. If you follow these guidelines, you will certainly avoid common mistakes when purchasing property in Turkey.
The 4kgroup team always strives to make the property buying process easier for you by introducing the best builders and projects.
Be sure to buy from a Turkish person or builder!
If you intend to obtain Turkish citizenship, you must be familiar with the process of acquiring a Turkish passport and know that you need to purchase your property from a Turkish developer or an individual. Before buying property in Turkey, ensure that the property owner is Turkish and that no one has previously obtained Turkish citizenship through this property.
If the previous owner was a foreigner, you cannot use this property for citizenship application. To avoid mistakes in the process of acquiring Turkish citizenship, it is recommended to choose newly built and first-hand properties whenever possible.
However, make sure to thoroughly research before buying a property in Turkey and ensure that other individuals from the same project have obtained citizenship. This will help you easily determine before making a payment whether the property is suitable for acquiring Turkish citizenship. If another foreigner from the same project has already received Turkish citizenship, it means all the lengthy and complex administrative procedures have been completed, and you will not face specific issues.
Before buying a property in Türkiye, be aware of the additional costs!
One of the common mistakes when buying a property in Turkey is that foreign buyers usually do not consider the additional costs at first. These costs are often somewhat predictable.
For instance, costs like the title deed fee, which is typically 4% of the property’s value, may vary depending on different circumstances. In some projects, it may be split equally, partially, or fully borne by the buyer. However, in certain projects, the title deed transfer fee might be waived. Therefore, before purchasing a property, it is essential to ensure you are fully aware of these expenses. For more details about the additional costs of buying property in Turkey, click here.
Do not buy a furnished house in Türkiye!!
Many people believe that buying a furnished house in Turkey guarantees a profitable deal, but this is not necessarily true. Furnished houses in Turkey may appear very stylish, but the cost of the furniture is often calculated at double its value and, in effect, added to the price of the property.
Some buyers prefer purchasing a furnished property, which includes interior items. In such cases, it’s important to note that sellers often include furniture to make the property look more attractive, potentially influencing your decision to buy. As a result, you might end up purchasing a property where the cost of the furniture is higher than the market value.
Persian contracts are not official in Türkiye!
In Türkiye, buying a property from zero to one hundred is done in Turkish and all administrative procedures are done in Turkish. No Persian language contract is official.
Therefore, when deciding to purchase a property, you should directly sign a contract with the developer. If a temporary contract is made in Persian between you and the real estate agent, it will not hold any legal validity.
Don’t see too many properties!!
Many people believe that to make a better decision about buying a property, they need to visit a large number of houses. However, this assumption is entirely incorrect. Viewing too many different properties can make the decision-making process much more challenging. It’s better to define your goals for purchasing a property beforehand, as experience shows that those who visit numerous units often struggle to make the right decision.
Try to limit your visits to no more than five properties and avoid spending too much time on this process. In some cases, buyers become tired of searching for properties and, in the end, due to limited time and energy, fail to choose a suitable one.
False advertisements for property sales in Türkiye!
Unfortunately, it has become increasingly common to see opportunists selling properties in Turkey through unbelievable advertisements. They lure buyers with empty promises, such as covering the cost of round-trip tickets, convincing people to travel to Turkey in any way possible. Rest assured, the cost of travel and accommodation will be added to the property price and charged to you at a higher rate.
Additionally, many of these individuals claim they do not charge any commission from you. Moreover, promises like obtaining Turkish citizenship within one month are among the deceptive claims that fraudsters might make.
To avoid getting involved in fraudulent transactions, be cautious of these individuals and, during the property purchasing process, try to seek assistance from reliable and reputable legal advisors.
Summary
In general, buying property in Turkey can lead to both profit and loss. However, if you follow the tips mentioned and seek guidance from a skilled legal advisor, real estate consultant, and immigration lawyer in Turkey, you can experience a profitable purchase with peace of mind and without any concerns.
